For many high-performing advisory teams, the challenge has never been ambition or capability. The missing ingredient has simply been an operational structure designed to support the level of success they have already surpassed. High-performing teams that tap into this reality strengthen firms from the top down and deliver exceptional service with the systems required to sustain it.

For much of the past few years, US Treasuries have failed to serve their traditional role as a sure-fire refuge from global market meltdowns.

A few weeks ago, I sat down at my laptop and built a trading platform. It connects to three financial exchanges. It ingests news from RSS feeds, web searches, Reddit and Twitter.

BlackRock Inc. is bringing its roughly $2.5 billion money market fund to cryptocurrency exchange operator OKX, with Standard Chartered Plc holding the underlying assets — the latest sign that Wall Street infrastructure and digital-asset markets are converging.

No one likes that heart-drop feeling of missing an important detail. And yet, this happens all too often when it comes to healthcare planning. Healthcare and health insurance are complex topics. Without an expert or the right resources, it can be very difficult for financial advisors to do on their own.

Cook has spent 15 years focused on the King — the thousands of decisions about industrial design, manufacturing, and supply chains that make the iPhone an iPhone. Racing in AI would have meant counting pieces while leaving the King unguarded. Ballmer counted pieces, and it cost Microsoft $5.5 billion.

If the first quarter of 2026 taught us anything, it's that markets are dynamic, and that the factors shaping them extend well beyond corporate fundamentals. Volatility is uncomfortable by nature, but it is also a normal and healthy part of long-term investing. For disciplined investors, periods of dislocation have historically been less a reason to retreat and more an opportunity to lean in and position portfolios for the growth that lies ahead.

On Monday, the index returned to record highs, eclipsing the previous peak hit before the war started in Iran. Yet, when compared with the US market, emerging-market shares screen as cheaper than at the start of the war, reinforcing the case for investors to add exposure.

A data center developer is seeking $4.54 billion in junk-debt financing for an artificial intelligence project tied to Nvidia Corp., testing investor appetite after a recent surge in offerings.

Budget airlines are going broke. Spirit Airlines may go under or get a government bailout, and JetBlue is just barely avoiding bankruptcy this year. It didn’t need to be this way. They tried to merge in 2024, but the merger was blocked because President Joe Biden’s administration was concerned that greater consolidation would lead to higher prices.

As a more than $20 billion borrowing frenzy to build out data centers descended on the junk-bond market this year, some issuers offered up a rare sweetener: an early cash payback.

Intel Corp. shares are on track to hit their highest level ever after the chipmaker delivered a sales forecast that shattered Wall Street expectations.

Jay Leno’s latest hosting gig involves a classic car, an airport construction site and municipal bonds.

American Airlines Group Inc. lowered its full-year earnings target, saying it may end 2026 with a loss as the carrier absorbs $4 billion in additional fuel costs from the war in Iran.

Vanguard is boosting its holdings of Treasuries, taking advantage of higher yields following the Middle East conflict to lock in rates and hedge against the risks of a potential growth slowdown.

Investing pros say strong quarterly numbers that beat already lowered expectations aren’t likely to move the richly valued stock. Rather, Tesla needs one of two things to drag its shares out of their rut: Concrete signs of progress on its robotaxi plans or a shiny new object from Musk’s playbook that moves the goalposts for the company and resets the timer to show results.

The firms that grow consistently communicate relevantly — sending retirement content to retirement-focused prospects, reaching out promptly to highly engaged prospects, and nurturing long-term prospects differently than short-term opportunities.

The Pentagon’s largest-ever budget request earmarks $75 billion for drones and technologies to counter them, mainly for a massive increase for a little-known office working with US commandos to test and evaluate various systems, according to defense officials.

When Apple Inc. announced Monday that longtime leader Tim Cook would be replaced by John Ternus, it published an image of the two executives walking side by side at the company’s campus in Cupertino, California.

Financial professionals are trained to evaluate risks – market risk, longevity risk, tax risk, inflation risk. Long-term care fits into that category; however, it carries unique challenges. It involves aging, vulnerability, dependence, and family responsibility.

Offloading certain tasks to AI can be appealing, especially for solo advisors (or those operating with a lean team). Used effectively, it can be a time and energy-saver. But as you’re likely aware, AI tools are not perfect — they also tend to produce repetitive, generalized content that may not always resonate with your target audience.

Hyperliquid, the decentralized crypto exchange that has emerged as one of the most active trading venues in digital assets, is proposing to add prediction markets to its platform — a direct challenge to Kalshi and Polymarket as the fast-growing sector draws new competitors.

If venture capital investment is a measure of the economic future, California would seem to have locked things up. In the first quarter of this year — by far the biggest quarter for US VC investment ever — an unheard-of 85% of the money went to California companies, according to the PitchBook-NVCA Venture Monitor. For all of 2025, California’s share was an also-unprecedented 60%.

European stocks started the year much stronger than their US peers but the tantalizing prospect of the euro area clawing back some of its persistent gap in earnings growth, and the higher company valuations that come with it, looks to have slipped through its grasp again.

The question is not whether the advisor was personally aware of the secondary market. The question is whether a reasonable fiduciary, acting in the client’s best interest, would have been.

Many people seem surprised by the US stock market’s resilience during the Iran war. I’m not one of them, and I don’t see the war becoming a significant threat to the market, even if it drags on.

As the authors point out, the i-frame seeks behavioral change within an unquestioned, fixed s-frame. Alas, while system change can be challenging, human nature change proves yet more difficult. Though gimmicky i-frame interventions often initially generate enthusiasm, their long-run benefits usually disappoint.

United Airlines Holdings Inc. Chief Executive Officer Scott Kirby confirmed he approached American Airlines Group Inc. and that talks have ended, laying out the virtues of a merger that he said could have strengthened corporate America and won approval from regulators.

The fundamental problem in private credit is a mismatch. Private credit funds lend money over four- to five-year periods. But to attract investors, many funds offer investors quarterly or even monthly redemption windows.

The bigger the vacuum becomes, the longer it will take to refill those inventories whenever whatever passes for normality finally arrives. Oil prices along the curve would need to rise accordingly to encourage excess production — or, conversely, achieve the same outcome by destroying demand.

X-Energy Inc., a nuclear energy firm that counts Amazon.com Inc. as a backer, raised $1.02 billion in an upsized US initial public offering that priced above the marketed range.

Volatility, tighter margins, and rising client expectations are prompting many Advisors to reassess whether their current broker-dealer or firm is still the best long-term fit. If you’re considering a transition, in this article we will discuss 10 essential questions to help guide your decision.

Nearly two months into the conflict in Iran, global stock markets are staging a defiant rally. From the US to Taiwan and South Korea, a disconnect has emerged: while the geopolitical tensions remain high, equities are charging back toward all-time highs.

Amid rising college costs and mounting student debt, parents are looking for more ways to lessen the financial burden of higher education. Luckily, 529 college savings plans can help. These unique savings vehicles offer several tax breaks for parents as they save for their children’s future education.

Without a clear owner, even the best marketing plans collect dust, while client work takes priority. But during those times when you're laser-focused on serving clients, the marketing that should be growing your practice isn't happening. Ideal prospects are finding someone else. Referral sources go quiet. And another year passes without the visibility your practice deserves.

Google has emerged as one of the most successful makers of in-house AI chips in an industry dominated by Nvidia Corp. TPUs have become a hot commodity in Silicon Valley in recent months, and the company is looking to build on that momentum with the latest versions.

In announcing on Monday that John Ternus would be succeeding Tim Cook as chief executive officer of Apple Inc. this year, the company’s board made it clear: We’re a hardware company and we’re going with the hardware guy.

Would you buy OpenAI’s shares even though the transaction might expose you to a liquidity crunch? SoftBank Group Corp.’s founder Masayoshi Son did just that.

In practice, referrals depend less on how clients feel and more on how clearly they can represent what the advisor does when it matters. That moment is usually fleeting. A situation surfaces — a decision, a transition, or a complication — and the client must decide, often quickly, whether their advisor is relevant and explain why.

Early in my financial planning career, if a client told me they had a terminal diagnosis, every alarm in my head would go off. Before the meeting was over, I would have a to-do list that was three pages long. Get to the attorneys, review the insurance, run the numbers, plan for this, prepare for that.

I’ve seen situations where even on a small team — say, four people — adding a new person causes disruption, because every new person means change to the existing dynamics. Responsibilities, the way people interact with one another, expectations and more all change.

Hedge fund manager turned NBA owner Gabe Plotkin, who shut his firm after a bruising showdown with meme-stock traders, is planning to convert some of his own assets into an ETF using a tactic that’s helped a slew of wealthy investors defer tax.

Technology megacaps are pushing benchmark indexes to new records while the rest of the market is lagging behind. Traders can be forgiven for feeling like they’ve seen this movie before.

The chip industry seems to be the only game in town lately. The Philadelphia Semiconductor Index, known as the SOX, has risen 48% this year. Bourses in Taiwan, South Korea and Japan are riding the wave and hitting record highs, brushing away potential energy shocks from the military conflict over Iran.

If you have an aging parent whose bills are starting to be neglected, or a client who needs more hands-on financial oversight than a planner provides, you might consider hiring a daily money manager. The American Association of Daily Money Managers can help you find someone in your area.

We think it’s important for investors to focus on returns after-tax, after-fee, after-inflation, and after-cost-of-risk. But sometimes we worry that investors become so focused on minimizing taxes that they lose sight of this overall objective.

The world’s most important central banks will potentially hand investors fresh reasons to sell government bonds this week as policymakers find themselves forced to confront the risk of a war-driven inflation shock.

US stock futures were little changed on Monday after a four-week rally, starting a busy week of corporate earnings and the US central bank’s policy meeting with a relative calm while investors monitor the reopening of the Strait of Hormuz amid stalled Iran peace talks.

There’s no shortage these days of stories, posts and videos warning of the robot armies readying to vacuum up white-collar jobs in technology, finance, marketing, you name it. And there’s no doubt that artificial intelligence is rapidly changing how we live and work. Amid all this, though, a relative calm has descended on the labor market and should persist for the rest of this year, at least.

Elon Musk’s SpaceX is no stranger to the stratosphere, and neither is its coming initial public offering.

Global bond markets are heading for their worst week in a month as investors grow increasingly uneasy about a stalemate between the US and Iran.

After years weighing how to dive deeper into private credit, JPMorgan Chase & Co.’s $4.3 trillion asset manager is committing to a strategy that will plow tens of billions of dollars into loans sourced by the firm’s commercial bankers.

Intel Corp. has been one of the hottest stocks in the market over the past 12 months, soaring more than 240% to the highest price since the dot-com bubble. But the rally is facing a potential roadblock in the company’s first-quarter earnings report due after the close Thursday.

The problem is not digitization itself. Many of these tools deliver real value, from better intake and modeling to clearer client visualization, and for straightforward situations, a DIY approach may be entirely appropriate. The risk arises when convenience begins to substitute for accountable legal judgment in matters that are anything but simple.

Stocks are trading near a record high, signaling Wall Street is learning to cope with lingering geopolitical risks. Main Street is struggling to catch up.

Remember that leaders come in all shapes and sizes. They do not have to be the person at the top of the pyramid. Leading from the side — and even from behind — can be just as effective as being the senior person in charge.

JPMorgan Chase & Co. is working toward getting approval from Chinese securities regulators to launch actively managed exchange-traded funds in the country for the first time.

Billionaire money manager Bill Ackman is giving away a stake in his firm to investors who support his latest hedge-fund launch. This looks like a good deal. And so it should: If you’re selling a fund in the form of an initial public offering, you have to dangle the prospect of a quick buck.

Since crypto assets are riskier investments, Spinelli said that financial advisors should be open to learning more about them, yet cautious when helping clients to gain exposure — whether through a retirement account or otherwise.

Military households often possess uncommon balance-sheet advantages; however, those advantages do not create wealth on their own. They matter only when a family uses them deliberately, in the right order, and with a clear understanding of the trade-offs.